•National Assembly complex, Abuja The National Assembly yesterday passed for second reading an Executive Bill seeking to tax the windfall made by banks from foreign exchange business. The bill is an amendment to the Finance Act of 2023. The one-time tax will be used to finance capital infrastructure development, education, healthcare and other...
•Cash bribe to a police officer by motorist A National Bureau of Statistics, NBS, survey report has shown that Nigerians paid N721 billion in cash bribes to public officials in 2023. The Survey report titled: “Corruption in Nigeria: Patterns and trends”, released yesterday, indicated that more than 95 per cent of all bribes Nigerians paid [&he...
•Governor Biodun Oyebanji The Ekiti State governor, Mr Biodun Oyebanji, yesterday, said governors, under the aegis of the Nigeria Governors’ Forum, are not against approval of a living wage for Nigerian workers. Oyebanji said the NGF was only clamouring for fiscal federalism that would culminate in the ability and capability of individual stat...
•Nigerian workers The Nigeria Labour Congress (NLC) has faulted the comments credited to governors that states should determine their minimum wage in their domains. “This notion is not only dictatorial but also undermines the very essence as well as the model adopted for creating a national minimum wage in Nigeria,” the NLC said in a […...
Despite the federal government’s assurances that the new minimum wage will take effect from May 1, 2024, the Nigeria Governors’ Forum (NGF), yesterday, said it is reviewing its individual fiscal space as state governments and the consequential impact of various recommendations, to arrive at an improved minimum wage they can pay sustainably. O...
•The discovered illegal apartments under Lagos bridge The Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, has said the government discovered 86 apartments under the Dolphin Estate Bridge, Ikoyi, where tenants pay N250,000 annual rent. Posting videos on his X account yesterday, Wahab said the 86 partitioned r...
•Minister Umahi The Minister of Works, David Umahi, has announced that the federal government plans to pay N2.75 billion as compensation to property owners affected by the demolition required for the construction of the Lagos-Calabar Coastal Highway today, Wednesday, May 1. Umahi said that the highway is projected to stretch from channel 0 to ...
The Minister of Power, Adebayo Adelabu, has assured that any customer not currently enjoying 20 hours of electricity would not pay the new tariff. The minister stated this today while appearing before the Senate Committee on Power, for a one-day investigative hearing on the need to halt the proposed increase in electricity tariff by eleven [&h...
•Yahaya Bello The embattled former Governor of Kogi State, Yahaya Bello, has been alleged to have withdrawn $720,000 from the coffers of the state to pay his child’s school fees in advance. Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), made this claim while speaking to newsmen at the agency’s Headquarters ...
•Dangote Refinery The federal government has eventually complied with the demands of domestic crude oil refiners and other operators in the sector, as it declared yesterday that indigenous refineries can now buy crude oil in naira or dollars. It also declared that the total crude oil and condensate reserves in Nigeria increased to 37.5 billion...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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